Mortgage Choice Sydney CBD - Wynyard

at Suite 305, Level 3, 301 George St, Sydney, 2000 Australia

We offer advice and solutions for home & investment loans. Our team is highly experienced and knowledgeable in the home loan and property investment areas


Mortgage Choice Sydney CBD - Wynyard
Suite 305, Level 3, 301 George St
Sydney , NSW 2000
Australia
Contact Phone
P: +61 2 9299-2322
Website

Opening time

  • Mondays: 08:30- 17:30
  • Tuesdays: 08:30- 17:30
  • Wednesdays: 08:30- 17:30
  • Thursdays: 08:30- 17:30
  • Fridays: 08:30- 17:30

Company Rating

7 Facebook users were in Mortgage Choice Sydney CBD - Wynyard. It's a 9 position in Popularity Rating for companies in Bank/financial services category in Sydney, Australia

116 FB users likes Mortgage Choice Sydney CBD - Wynyard, set it to 20 position in Likes Rating for Sydney, Australia in Bank/financial services category

We are conveniently located on George St at Wynyard station. You are welcome to drop by and say hello or book an appointment with a broker during business hours. We would love to see you.

Published on 2014-07-29 04:05:21 GMT

According to the latest National Australia Bank residential property survey, Brisbane property values are tipped to be ahead of all other capital cities in 2014. While the average capital city house price is tipped to rise by 6 per cent this year the NAB predicts an increase in house values of 6.4 per cent for the Sunshine State capital. NAB retail general manager Dion Crowe said the property industry had indicated the housing market would continue to experience rising property values, especially the lower and top ends. “Owner occupiers continue to dominate the established housing market, driven by upgraders and we expect this trend to continue over the next two years,’’ he said. He said their predictions of price growth were driven by continued low interest rates, population growth and longstanding supply issues, plus foreign buying activity. The NAB report predicts that while Sydney finished last year with about 13 per cent growth in values it still had some area for growth with a 6 per cent increase predicted for this year. Perth, which also put in a strong performance last year, is also predicted to see house prices grow by around 6.3 per cent.

Published on 2014-03-01 01:55:50 GMT

The RBA meets again today and are expected to keep rates on hold. But what would an increase mean to you ?

Published on 2013-09-29 22:26:41 GMT

Average Australian household worth $728,000 The average wealth of Australian households in 2011-12 was $728,000, according to a report released by the Australian Bureau of Statistics (ABS). It depends on just where you are on the scale, however. And whether you own your home. Caroline Daley, Director of the Living Conditions section at the ABS noted that the level of wealth varied greatly between households, with the average wealth for the wealthiest 20 per cent of households at $2.2 million. "The average wealth for households in the lowest 20 per cent was $31,000”, she added. The figures show that the level of wealth for Australian households has not changed since 2009-10, and that it varied greatly across the states and territories. The ACT had the highest level of wealth at $930,000, which was around 28 per cent higher than the Australian average. Western Australia, New South Wales, Victoria and the Northern Territory all had levels of wealth close to the Australian average. South Australia, Queensland and Tasmania had levels of wealth less than the Australian average, with Tasmanian households having the lowest level of average wealth at around $600,000. Household wealth was more concentrated in capital cities, where the average net worth of households was $781,000 compared to $637,000 outside of capital city areas. Owner-occupied homes were the largest asset held by Australians and mortgages on owner-occupied property were also the largest liability. Over two-thirds of Australian households own their own home outright or with a mortgage. Ms Daley said that households owning their home outright (2.7 million households) had an average net worth of $1,237,000. “Households with a mortgage on their home (3.1 million households) had an average net worth of $790,000, and the average net worth for households that rent their home was $160,000", she added.

Published on 2013-08-29 10:19:29 GMT

The RBA has kept interest rates on hold, with comments in the market that we should not expect any further cuts. How many "like" the 5.49% pa fixed rate for 5 years with ING ?

Published on 2013-04-02 09:19:17 GMT

Thanks RBA - we all loved the last interest rate reduction but did you have to say that it may be our last. We live in hope of more. What will you do with your extra money ?

Published on 2013-08-10 08:04:36 GMT

In 9 days the RBA meets again. Do you expect interest rates to go down ?

Published on 2013-07-28 05:32:07 GMT

Do you remember when this happened before ? The typical Sydney house price soared by more than $500 a day last month as property prices surged amid historic low interest rates and buyers' fear of missing out. The median Sydney house price rose more than $16,000 in September, new figures show. Home values in Australia's most expensive city jumped 2.5 per cent last month alone - and 5.2 per cent over the quarter - bringing the median house price in Sydney to $665,000, the RP Data-Rismark Hedonic Home Value Index found. The news came as the Reserve Bank kept its cash rate at a historic low of 2.5 per cent on Tuesday, amid signs previous rate cuts were helping to stimulate the economy. Analysts said the Reserve gave little away about its intentions. While the bank appeared unlikely to raise rates soon, it also did not indicate if it would cut them again. Property prices have been rising all year but the increases have intensified in the past few months as buyers have poured in. Weekend auction clearance rates in Sydney have been above 80 per cent for 11 of the past 12 weeks, data from the Fairfax-owned Australian Property Monitors shows. Responding to the spike in sales, the nation's biggest home lender, the Commonwealth Bank, has cautioned buyers against making hasty decisions. Tim Lawless. Continued growth at such a rate would not "be considered sustainable market value": RP Data research director Tim Lawless. Research commissioned by the bank found most home buyers believed property prices were being fuelled by a fear of missing out, which was causing most to rush in before they had done their ''due diligence''. "A competitive market place is always going to increase buyers' fears of missing out but it is important that buyers don't rush the process as this might give them cause for regret down the track,'' said Clive van Horen, Commonwealth Bank's general manager of home loans. Timothy Sharp, a clinical psychologist, said: "Frustration and a fear of missing out are typical reactions associated with the complexity and importance of buying a property. It is, however, the biggest financial decision most of us will ever make so it's crucial that the decision is a rational one.'' Other economic data from Tuesday showed retail sales rose by a seasonally adjusted 0.4 per cent in August, surpassing expectations of a 0.3 per cent rise. Meanwhile, activity in the manufacturing sector lifted for the first time in two years as a result of the falling Australian dollar and lower rates. RP Data research director Tim Lawless said if property price growth continued on its present course home owners could expect gains of up to 20 per cent over the next 12 months. ''While this scenario is unlikely to occur, if such a high rate of growth continued for a sustained period, it would have the potential to push home values above what might be considered sustainable market value." Mr Lawless described the housing market as being in a ''technical recovery'', after combined capital city values fell 7.4 per cent from October 2010 to May 2012. Since June last year they have climbed 8.7 per cent to be at their highest point. But he said these gains were largely due to the strong performance of Sydney and Melbourne.